U.S. stocks are pointing higher this morning as the world generally shrugs off a “No” vote in this weekend’s Italian referendum. The S&P 500 is up 0.34%, while the Dow is up 0.40%.
Asian finished broadly lower Monday as investors showed uncertainty over political situations in the West. The Shanghai was down 0.37% and the Nikkei was down 0.82%.
In Europe, markets are up today following a referendum that led to the resignation of Italy’s Prime Minister. The FTSE is up 0.32%, while the DAX is up 1.45%.
Energy futures are moving higher. The price for West Texas Intermediate crude oil is up $0.48 to $52.16 per barrel, while natural gas is up $0.13 to $3.56. Metals prices are mixed. Gold is down $7.20 to $1,177.70 per ounce and platinum is up 0.10 to $932.60. The Dollar is down versus the Euro and up against the Yen.
Cempra, Inc. (CEMP),New Oriental Education & Technology Group Inc.(EDU),and Bank of America Corporation (BAC) are early risers, while First Majestic Silver Corp. (AG),Starbucks Corporation (SBUX),and Ascena Retail Group, Inc. (ASNA) are down. [InvestorsKeyhole, various news and data sources]